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News in-depthUK local government finance
Financial ‘jaws of doom’ threaten English councils as cost pressures mount
...Local authorities such as Stoke are at further disadvantage when it comes to raising revenues from council tax because the properties on which tax bands are calculated tend to be less valuable in poorer...
July 17, 2023
UK local government finance
Council tax bills across England rise by maximum allowed
...For the second year in a row, the council tax on benchmark mean value properties will rise on average by 5.1 per cent, reaching £2,171 in 2024-25, figures released by the Department of Levelling up, Housing...
March 21, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
UK regional policy
Can a freeport ‘level up’ the Welsh island of Anglesey?
...In November 2023 the Department for Levelling Up, Housing and Communities (DLUHC) said freeports had so far generated £2.9bn in investment and created 6,000 jobs — a fraction of the 82,600 jobs that the...
April 30, 2024
UK local government finance
Cash-strapped English councils to get extra £600mn
...Some £500mn of the additional funds will be earmarked for social care, the Department for Levelling up, Housing and Communities announced on Wednesday, an increase that mostly benefits county and unitary...
January 24, 2024
UK local government finance
English councils ‘forced to the pawnshop’ in fire sale of assets
...Meanwhile, Kent county council, which is in deepening financial trouble, put its 200-year-old county hall in Maidstone, Sessions House, up for sale late last year....
February 28, 2024
UK local government finance
English councils warn funding offer will bring tax rises and service cuts
...The County Council Network, representing the largest local authorities in England, described the offer as “bitterly disappointing” in light of soaring costs and rising demand for services....
December 19, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
The Big Read
English councils: the budget cuts that are threatening ‘levelling up’
...Even two large Tory counties in the more prosperous south, Hampshire and Kent, have warned of the risk of effective bankruptcy....
January 23, 2023
Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...Now, according to an analysis of Fema data by the E&E News website, this doubling of rates will become a reality in 800 of 3,000 counties....
March 22, 2024
Apprenticeship levy
English councils seek devolution of apprenticeships as uptake sinks
...The County Councils Network said urgent action was needed to address the drop-off which has come despite repeated government pledges to reform adult education and boost the uptake of apprenticeships....
September 3, 2023
News in-depthSocial affairs
‘The costs are rising inexorably’: children’s services hit by council funding crisis
...council and finance spokesman for the County Councils Network....
December 1, 2023
FT Magazine
The three women who brought down the Medellin cartel
...At night, her mother begged her to go to parties, but she preferred to stay home and study the tax code. In 1975, she took an entry-level job at the IRS answering tax-payers’ questions....
May 10, 2024
Carbon capture and storage
US places $1.2bn climate bet on tech pulling carbon from air
...The energy department did not provide a breakdown of how the funding would be divided between the two....
August 11, 2023
New York City
New Jersey sues to block New York City’s congestion pricing scheme
...The US Department of Transport’s Federal Highway Administration said it did not comment on pending litigation....
July 21, 2023
News in-depthUK regional policy
Local leaders seek to reverse 40 years of UK bus privatisation
...Burnham has already proposed a hotel tax as one revenue stream once the existing bus funding package runs out in 2025....
November 7, 2023
Amazon.com
Amazon wins record US tax breaks to expand delivery network
...In Monroe County, it was eventually agreed that Amazon would be awarded $150m in tax subsidies over 15 years....
October 6, 2021
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Hunter Biden
Hunter Biden’s troubles cast shadow over his father’s re-election bid
...Instead, the judge questioned the terms of the agreement, as well as an ongoing Department of Justice probe into whether Hunter Biden violated US foreign lobbying laws....
July 28, 2023
FT SeriesBritain’s infrastructure impasse
Birmingham pays the price for UK’s infrastructure gap
...Lucy Nethsingha, Liberal Democrat leader of Cambridgeshire county council, says the failure to invest in water infrastructure, or regulate private water companies to ensure they planned for future growth...
January 25, 2024
Leyla Boulton
Ireland’s one-stop shops show path to greener UK homes
...Also to blame, says the National Audit Office, were conflicting Treasury and energy department objectives and a cumbersome registration process for contractors to participate....
May 18, 2023
Music
Sing it loud: Britain’s grassroots music scene is under threat
...They are the R & D department (of the music industry), where you figure out who you are as a songwriter,” he said, lamenting the dire straits many of these spots are now in....
June 23, 2023
US midterm elections 2022: Control of Senate hinges on close races, Republican ‘wave’ fails to materialise - as it happened
Crime and inflation concerns help Republicans flip 4 New York House seats red
...D’Esposito, a New York Police Department detective, ran on public safety and tax relief, which may have given him an advantage with Long Island voters....
November 9, 2022
Energy Source
Live from ‘clean energy Coachella’ Premium content
...More than $100bn worth of green investments have been announced since the passage of the IRA nine months ago as tax credits stretching out over a 10-year horizon unleash a flood of capital....
May 25, 2023
The Week Ahead
Power to the people
...There is ongoing uncertainty about the full-year bonus, and the resignation of the department store operation’s managing director Pippa Wicks last week is never a good look....
March 12, 2023
The Big Read
America’s green revolution comes to coal country
...Sparkz, a California battery start up, plans to build a manufacturing plant in Taylor County, in the north of the state....
October 17, 2022
FirstFT
FirstFT: CBO warns US government risks default as soon as July
...The exact timing for the cliff edge is dependent in part on income tax receipts due in April, the CBO said....
February 16, 2023
News in-depthEnglish devolution
English devolution back on the political agenda
...In 2019, IPPR North found 95p in every £1 paid in tax “is taken by Whitehall”, compared to 69p in the pound by central government in Germany, where regional leaders have far more control over tax and spend...
January 16, 2023

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